The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Kenyan shilling was under pressure on Thursday due to market players from broad sectors of the economy shoring up their dollar reserves after the shilling weakened to an all-time record low during the previous session, traders said.
Commercial banks quoted the shilling at 108.15/35 per dollar, compared with 108.10/30 at Wednesday's close.
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